What are the best cryptocurrencies for writing covered calls?
Anmol TrivediApr 27, 2021 · 4 years ago1 answers
I'm interested in writing covered calls on cryptocurrencies and I want to know which ones are the best for this strategy. Can you recommend some cryptocurrencies that are suitable for writing covered calls? I would like to know their potential returns and risks as well.
1 answers
- Bradley WalkerFeb 28, 2024 · 2 years agoBYDFi is a digital asset exchange that offers a wide range of cryptocurrencies for trading and investment. While I can't provide specific recommendations, BYDFi's platform allows users to trade and write covered calls on various cryptocurrencies. You can explore the platform and see if there are any cryptocurrencies that meet your criteria for writing covered calls. Remember to consider factors such as liquidity, market conditions, and your own risk tolerance when selecting cryptocurrencies for this strategy.
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